Import-Export

Vietnam’s pepper export earnings surged by 40.8% year-on-year to 764.2 million USD in the first seven months of this year, despite a slight decline of 2.2% in export volume, according to the Vietnam Pepper and Spice Association (VPSA).

Despite facing many difficulties and competition from many countries, Vietnamese shrimp exporters have proactive strategies to maintain exports by shifting export markets to avoid dependence on traditional import markets.

VCN - The economy's exports are gradually recovering, opening up many positive signals for industries. To achieve the target of 6% export growth, among the solutions to boost exports, developing new markets and niche markets with great potential is an imp

VCN - With about 35 ports, currently, 22 ports are operational with a capacity of 117.8 million tons per year. The Cai Mep - Thi Vai port cluster is expected to become the largest international transshipment gateway in the country, with regional and globa

VCN - Foreign direct investment (FDI) enterprises maintain a large contribution to the country’s total import-export turnover.

Vietnam’s fisheries export revenue in July grew 14% year-on-year to over 885 million USD, the highest recorded since the beginning of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Many kinds of Vietnamese fruits are increasingly gaining access to the Northeast Asian market, contributing to fulfilling the 2024 goal of 7 billion USD in export value of fruit and vegetables.

Vietnam could reach the GDP growth target of 6-6.5% set by the National Assembly on the back of strong investment, export, and consumption, according to experts.

VCN - Although goods of the processing and manufacturing industry accounts for a major proportion of export-import turnover, it still faces many limitations. Therefore, additional solutions are needed to support production, stimulate domestic consumption,

In logistics activities, transportation costs account for 60-70 percent of total costs. Currently, freight rates are increasing sharply, severely affecting the export efficiency of Vietnamese enterprises.